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Old 18-08-2012, 11:41 PM   #1
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CDL HTrust

DPU Yield on $1.93 market price: 5.94%
NAV:$1.60
Gearing: 25.20%

CDL HTrust down from high of $2.01 for no apparent reason?
Time to jump on board?
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Old 19-08-2012, 11:20 AM   #2
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why not? this is a good reit. buy in small batches.

if it goes down, you buy more. it is absolutely safe to average down good stocks. if it goes up, you should be happy.
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Old 20-08-2012, 02:29 PM   #3
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Hi, I've been trying to analyse this counter based on what I've read in the book Get Rich With Dividends.
It looks at cash flow, free cash flow, and payout ratios.

I got some values but they seem quite off.


Source: Poems

So to get FCF, I take 1-2. And to get payout ratio, I take 3/FCF.
Am I doing it right? If so, why does it appear that CDL's distributions are not sustainable?



Thanks Gurus.

BTW, CDLHT seems set to fly:
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Old 20-08-2012, 07:31 PM   #4
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BUy on buang!
1 lot 1 lot buy downwards for Jan 2013 bountiful CD
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Old 20-08-2012, 09:53 PM   #5
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The price drop is not significant yet lei.
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Old 21-08-2012, 12:52 AM   #6
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Wannabe Richer you are analysing too much.

keep your analysis simple. what you are trying to do is like what all the analysts are trying to do with their target prices. they are always crunching a bunch of rubbish numbers. you can apply them in theory but not in practice.
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Old 21-08-2012, 09:47 AM   #7
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What you are doing makes sense for companies that pay dividends out of accounting profit.

But you forget that REIT is a different type of animal. They pay their distributions out of their operating income.

So in one word: the analysis you do is spot on, just that it does not applies for REIT and business trust in general. Which is why it looks that their distributions is not sustainable.

For REIT, most would look at debt-asset ratio, NAV, price-to-book ratio.
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Old 29-08-2012, 06:40 PM   #8
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broke 2.00 today! chiong ar!
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Old 29-08-2012, 07:51 PM   #9
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Sian
dun know is it 1.925/1.93 really bottom
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Old 18-09-2012, 10:13 PM   #10
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CDLHT reach support liao! ready to bounce back up! good time to enter
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Old 18-09-2012, 10:20 PM   #11
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Agree. Good time to enter on rebounce.
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Old 18-09-2012, 10:22 PM   #12
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Like ranging leh
cannot pierce 2.03 solidly
jin pek cek
tmr ish crucial
hope dun break down else your chart buang
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Old 19-09-2012, 12:52 AM   #13
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Like ranging leh
cannot pierce 2.03 solidly
jin pek cek
tmr ish crucial
hope dun break down else your chart buang
Lol that's usually the problem with TA... it either goes as projected, or dies.
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Old 19-09-2012, 08:35 AM   #14
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Lol that's usually the problem with TA... it either goes as projected, or dies.
xP hope for success bah. Anyway this stock got quite high margin of safety with its dividends and fundamentals. Not like penny - buang liao then must cut.
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Old 19-09-2012, 10:57 AM   #15
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Wannabe Richer I wish you best of luck and success! =]
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